Meta Prevails in FTC Antitrust Litigation

In a closely watched antitrust decision, the U.S. District Court for the District of Columbia entered judgment for Meta Platforms Inc. (Meta) in FTC v. Meta Platforms, Inc., following a six-week bench trial. The court held that the Federal Trade Commission (FTC) failed to prove that Meta had current monopoly power in the relevant market — a broader social media market that now includes TikTok and YouTube……
By: Snell & Wilmer